Investment company Abrams Capital Management buys Time Warner Inc, PG&E Corp, Suburban Propane Partners LP, Keryx Biopharmaceuticals Inc, sells Barnes & Noble Education Inc during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Abrams Capital Management. As of 2017-12-31, Abrams Capital Management owns 20 stocks with a total value of $3 billion.....More>>>
Toward the end of trading Wednesday, the Dow traded down 0.03 percent to 24,780.11 while the NASDAQ climbed 0.41 percent to 7,310.57. The S&P also rose, gaining 0.27 percent to 2,713.72.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares climbed 1.59 percent. Meanwhile, top gainers in the sector included SeaDrill Limited (NYSE: SDRL), up 77 percent, and EP Energy....More>>>
The full Q4 2016 earnings report for small cap 3D printing stockStratasys, Ltd (NASDAQ: SSYS)is scheduled for before the market opens onThursday (March 9th). Its hard to see 3D printing stocks regaining their former highs any time soon as HP Inc (NYSE: HPQ) has entered the3D printer market with its Jet Fusion 3D. However,it appears that 3D printing stockshave stabilized as the short interest has....More>>>
A stalemate is the best way to describe the action for stocks lately. If early indications are correct, equities could be headed for their second-straight day of losses.
No one wants to be caught out in case the market lurches higher, but at the same time there is a clear desire to avoid chasing the market at all-time highs, IGs Chris Beauchamp told clients in a note.
And no ones....More>>>
The Wall Street Journal published a superb example of hopium recently in a sunny-side-up story entitled “U. S. Manufacturing Rides Rising Tide, Buoyed by Global Growth, Optimism.”
Indeed, this lazy cheerleading excuse for journalism captured the sum and substance of why the punters keep buying the dips despite troubles gathering all around.
That is, as the tax bill falters,....More>>>
Either low-income Americans became rich this Black Friday, or Wal-Mart’s (NYSE:WMT) marketers do not know what they are doing.
For years, $133,653 Cartier watches and expensive jewelry were sold in upper scale stores, where high income Americans prefer to shop on Black Friday.
This year, Cartier watches are being sold on the Walmart.com site.
But who will buy them?....More>>>
Dr. Kent Moors
As you read this, Marina and I are flying to London, for the annual Windsor Energy Consultations later this week.
That’s my third major international energy meeting in the last month. You’ve already seen all the details on the previous sessions in Paris and the Iranian gas summit in Frankfurt.
But Windsor is on a completely different level…
Government and Regulatory
According to sources, China is getting close to announcing a revised National Reimbursement Drug List (NRDL), the group of drugs covered by China’s national insurance plan. There will be 300 additions, 130 of which will be chemical drugs. The rest will be traditional Chinese medicines. This is the first update of the NRDL since 2009. Last May, China negotiated....More>>>
Data for the following companies are shown: Hess (NYSE:HES), Whiting (NYSE:WLL), Continental Resources (NYSE:CLR), XTO Energy (NYSE:XOM) , Oasis Petroleum (NYSE:OAS), Burlington Resources (NYSE:COP), Qep (NYSE:QEP), Statoil(NYSE:STO), EOG (NYSE:EOG), Marathon oil (NYSE:MRO), SM Energy (NYSE:SM), HRC (NYSE:HK), Newfield Production, Slawson Exploration, WPX Energy (NYSE:WPX), Lime Rock Ressources,....More>>>
If youre in your 20s or 30s, this article is aimed squarely at you. If youre older, I want you to give it to a young person. Youll be doing them a huge favor.
Investors in their 20s have a golden opportunity to start out right. Doing so can literally be worth millions of dollars.
(Disclosure: I dont know your parents. But I know thousands of adult investors, and Im very confident....More>>>